Halfords Group plc (HFD) Given Average Rating of “Hold” by Brokerages

Halfords Group plc (LON:HFD) has earned an average recommendation of “Hold” from the nine research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 324.33 ($4.24).

Several research firms have weighed in on HFD. Liberum Capital reiterated a “buy” rating on shares of Halfords Group in a research note on Tuesday, April 2nd. Berenberg Bank dropped their price target on shares of Halfords Group from GBX 290 ($3.79) to GBX 260 ($3.40) and set a “hold” rating on the stock in a research note on Thursday, January 17th. HSBC decreased their price objective on shares of Halfords Group from GBX 360 ($4.70) to GBX 340 ($4.44) and set a “hold” rating for the company in a report on Thursday, January 10th. Finally, Numis Securities reaffirmed a “buy” rating on shares of Halfords Group in a report on Wednesday, March 27th.

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Halfords Group stock opened at GBX 242.20 ($3.16) on Friday. The company has a market capitalization of $477.27 million and a price-to-earnings ratio of 10.01. The company has a current ratio of 1.18, a quick ratio of 0.32 and a debt-to-equity ratio of 22.49. Halfords Group has a twelve month low of GBX 199.20 ($2.60) and a twelve month high of GBX 391 ($5.11).

Halfords Group Company Profile

Halfords Group plc, through its subsidiaries, retails automotive, leisure, and cycling products in the United Kingdom and the Republic of Ireland. It operates in two segments, Retail and Car Servicing. The company retails auto parts, accessories, cycles, and cycle accessories; and provides garage servicing and auto repair services.